#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ19

Weekly – Still in a down tend but in the move up off the 10/4 lows. Trade pressures are up. Volumes are now bullish. Resistance at 62.

Daily – Flat. Moved up thru the downtrend resistance to form a new uptrend. Trade pressures are up. Volumes are bullish.

The next target up is 60.87.

Showing some price divergence. A close below 54.84 would signal lower.

 

NAT GAS_ NGZ19

Weekly – Testing the downtrend resistance now . Trade pressures are up. Volumes are bullish.

Daily – Short. Bearish reversal in the trade pressures. Trade pressures are up but turning down. Volumes are bullish.

The short entry is 2.77.

Set the stops at 2.86.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ19

Weekly – In the down trend. Trade pressures are up. Volumes are bearish.

Daily – Flat. Touched the short entry but immediately rallied. Trade pressures are down. Volumes are bullish.

The rally on Friday takes price to near the resistance lines.

The next target up is 56.92.

The next short entry is 53.98. [11-6-19: Revised short entry upward to 54.98]

 

NAT GAS_ NGZ19

Weekly – Feels like a bottom in the weekly. Trade pressures are up. Volumes are bullish.

Daily – Flat. The 2.50 new long entry was successful, now overbot. Trade pressures are up and extended. Volumes are bullish.

The next target up is 2.75. [11-6-19: well past 2.75, now 3.01]

A close below 2.60 would signal lower and acts as a stop for the long trade.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ19

Weekly – Appears to be putting in a triple bottom. Trade pressures are up. Volumes are bearish.

Daily – Flat. In the move up from the 54.31 long entry. Trade pressures are up. Volumes are bullish.

Weekly pressures up and daily at resistance, looking for a short daily pullback at these levels and then to resume the move up.

The next target up is 57.54.

A close below 54.13 would signal lower.

 

NAT GAS_  NQZ19

Weekly – In the down trend. Trade pressures are down but turning up. Volumes are bearish.

Daily – Flat. Still in the move down, but attempting the new long entry at 2.50. Trade pressures are up. Volumes are bearish.

The next target down is 2.19.

A close above 2.50 would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLZ19

Weekly – The inventory draw-down had no real effect. Trade pressures are down. Volumes are bearish.

Daily – Flat. In the move up from the 54.31 long entry. Trade pressures are up. Volumes are bullish.

The next target up is 57.54.

A close below 52.61 would signal lower.

 

NAT GAS_ NGX19

Weekly – In the downtrend. Trade pressures are down but rising. Volumes are neutral.

Daily – Flat. In the downtrend also. Trade pressures are up and extended. Volumes are bullish.

The next long entry up is 2.35.

The nxt target down is the prior low at 2.18.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX19

Weekly – has fallen back to the up trend support line. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down off the the breakdown from the spike highs. Trade pressures are down. Volumes are now neutral.

The next target down is 50.23.

A close above 54.20 would signal higher.

 

NAT GAS_ NGX19

Weekly – Remains in the downtrend. Trade pressures are in the neutral zone. Volumes are bullish.

Daily – Flat. In the move down. Trade pressures are down but rising. Volumes are bullish.

The next target down is 2.16.

A close above the nearby 2.37 level would signal higher.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLX19

Weekly – Still retreating from the spike after the Saudi fire. Trade pressures are in the neutral zone. Volumes are neutral.

Daily –  Flat. In the move down from the 60.50 short entry. Trade pressures are down. Volume are bearish.

The next target down is 52.58.

A close above 57.80. [10-2-19: A close above 55.22. would signal higher.]

 

NAT GAS_ NGX19

Weekly – Second week down / Trade pressures are rising in the neutral zone.Volumes are neutral.

Daily – Flat. in the new move down from the 2.62 entry price. Trade pressures are down. Volumes are bearish.

The next target down is 2.29.

A close above 2.54 would signal higher.

[10-2-19: at the 2.29 downside target. A close above 2.40 would signal higher.]

 

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CRUDE_ CLX19

Weekly – Saudi Fire causes breakout to the upside. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the spike up to 63.10. Trade pressures are neutral. Volumes are neutral. Nobody cares?

The next target down is 56.61.

A pull back to 55.10 would find support at the lower median lines and provide a new long opportunity.

 

NAT GAS_ NGV19

Weekly – Traded above the resistance line but closed below. Trade pressures are rising in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down from the 2.59 level. Trade pressures are down. Volumes are bearish.

The next target down is 2.43.

A close above 2.70 would signal higher.

Look for a pull back near the 2.59 level to enter the short.

#usdollarfutures  #ustreasurybondfutures

CRUDE_ CLV19

Weekly – The ,long summer of consolidation around the 55 level. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move down form the 56.12 short entry. At the lower median line. Trade pressures are in the neutral zone. Volumes are bearish.

The next target down is 53.48.

A close above the upper median line at 58.18 would confirm higher. Watch the 53.48; if it holds as support can make a low risk long entry here at the lower median line and use the 53.48 as the stop.

 

NAT GAS_ NGV19

Weekly – Using the big contact (NG). Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Flat. The mini contract trade was stopped out at the 2.62 profit stop. Trade pressures are up but declining. Volumes are bullish.

The next target up is 2.72 at the upper median line.

A close below 2.53 would signal lower.

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV19

Weekly – Sideways drift since May. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. A few wide ranging days . Trade pressures are in the neutral zone. Volumes are bullish.

A close below 55.12 would signal lower.

A close above 56.55 would signal higher.

 

NAT GAS_ QNV19

Weekly – In the retracement move up off the 2.05 lows. Trade pressures are rising in the neutral zone. Volumes are bullish.

Daily – Long. In the move up from the 2.18. Trade pressures are up. Volumes are bullish.

The next target up is 2.62. Take profits at this 2.62.

A close below 2.39 would signal lower. Set stops at this 2.39.

[9-10-19: AM. Sold at the 2.62 profit Stop.]

 

#crudeoilfutures #naturalgasfutures

CRUDE_ CLV19

Weekly – 52.30 remains the entry for the January long move up. Trade pressures are in the neutral zone. Volumes are bearish.

Daily – Flat. In the move up from the 52.95 long entry. Trade pressures are in the neutral zone. Volumes are bearish.

The next target up is 56.71.

A close below the lower median line at 52.61 would signal lower.

 

NAT GAS_ QNZ19

Weekly – Still in the down trend. Trade pressures are down but rising. Volumes are bullish.

Daily – Long. In the long trade from the 2.18 entry. Trade pressures are up Volumes are bullish.

The next target up is 2.40.

A close below the median line at 2.10 would signal lower.

Set stops a t the 2.18 entry price.

[9-4-19: Raise the stop to the 2.31 old resistance level. The next target up is 2.62. Take profits at the 2.62 level.]